



A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Waldport at 2022 NW Viewridge Dr, Waldport, OR, 97394 offers a 7.76% rental yield on a $535,900 purchase with $3,467/mo rent. Total monthly income registers $3,467/mo, and a $2,623/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,546/yr on $176,311 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $3,458/yr while 5% annual appreciation supports $148,059 over five years. Portfolio math shows five-year ROI at 111.23% and total cumulative return in cash at $196,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,467/mo property income against a $2,623/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
9,148 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
Date | Event | Price |
|---|---|---|
| 2025-07-19 | Listing removed | $545,000 |
| 2025-07-19 | Price change | $545,000 |
| 2025-07-08 | Listed for sale | $580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $4161.32 | 1.99% | $311,130 | 3.00% |
| 2023-10-13 | $4079.94 | -0.27% | $302,070 | 3.00% |
| 2022-10-13 | $4091.01 | 5.09% | $293,280 | 3.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A